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(NEXSTAR) — Move over Barbie and Polly Pocket, there’s a new toy in Hollywood. This week, Sony Pictures acquired the film rights to Labubu dolls , the Chinese plush figurines that took social media and the fashion world by storm early this year.

Development is very early to bring the grinning monster to the big screen, as first exclusively confirmed by the Hollywood Reporter and later by other outlets, including Deadline. THR explains that the studio’s hope is to turn Labubu into a film fran

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